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TETRA TECHNOLOGIES INC — Director's Dealing 2018
Feb 26, 2018
32621_dirs_2018-02-26_be898830-f5d2-4b09-a1d1-83d44f347775.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TETRA TECHNOLOGIES INC (TTI)
CIK: 0000844965
Period of Report: 2018-02-22
Reporting Person: Brightman Stuart M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-22 | Common Stock | A | 293964.00 | $0.00 | Acquired | 1169258.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-22 | Cash-Settled Stock Appreciation Right | $3.87 | A | 306011.00 | Acquired | 2027-02-22 | Common Stock (306011.00) | Direct |
Footnotes
F1: This restricted stock award was granted pursuant to the TETRA Technologies, Inc. Third Amended and Restated 2011 Long Term Incentive Compensation Plan. One-third of the award will vest on February 22, 2019, and one-sixth at the completion of each six-month period thereafter until February 22, 2021.
F2: Each Cash-Settled Stock Appreciation Right ("SAR") represents the right to receive, upon exercise, an amount equal to the excess of (a) the Fair Market Value of a share of Common Stock on the date of exercise, over (b) the Exercise Price per SAR set for the in the Notice of Award Agreement. One-third of the 306,011 SAR awards will vest on February 22, 2019, and the remaining award will vest monthly thereafter until February 22, 2021.